BEDS2
BATHS
SQUARE FEET1,604
MLS#TB8499386
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONINTER BAY
Property Description
Rarely does a St. Petersburg, FL property have a value-add play that comes packaged with this kind of land. Situated on a generous 7,810 sq ft lot and zoned NTM-1, it currently has an income producing duplex with the immediate upside of a longer-term development runway plan that sets it apart from comparable multifamily offerings in the area.....The current duplex is occupied in one unit, providing you with immediate income while you execute your next stage plans for the property. The zoning for this property allows up to a FIVE-Unit density. Renovate and stabilize the current units while pursuing your next expansion. The land is such a valuable asset, being zoned NTM-1 in this location on one of St Pete's most vibrant commercial corridor is increasingly hard to find at this price point.....The location is prime time. Central Avenue is essentially out the front door, putting the property within easy walking / biking distance of some of St. Pete's most celebrated independent dining and coffee shops. For groceries, Mazzaro's Italian Market a beloved St. Pete institution with nearly 9,000 five-star reviews is a short drive north, along with Earth Origins, Trader Joe's, Publix and The Fresh Market. Vibrant downtown St Petersburg's waterfront, Vinoy Park, and the St. Pete Pier are less than four miles east.....This is a property for the buyer who understands that in St. Petersburg's current market, well-zoned land near Central Avenue is rare. Bring your contractor, your architect, your vision, the bones are here. The zoning is already working in your favor.....NOT IN A FLOOD ZONE | Main Roof 2021, Side Roof 2019 | Tented for Termites in 2017 | Upstairs HVAC 2017, Downstairs HVAC 2025, for in depth property details, request the Property Info Book. Be sure to schedule your appointment today.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.18 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,528
Year Built: 1942
Amenities
Ceiling Fans(s)
Lighting
Private Mailbox
Feature Descriptions
Annual Net Income: 23268.00
Days on Site: 4
Directions: From downtown St Pete head west on 1st Ave N, duplex will be on the right.
Exterior: Vinyl Siding
Flood Zone Code: X
Flooring: Tile, Wood
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Near Public Transit, Oversized Lot
Lot Dimensions: 0.18
Ownership: Fee Simple
Parking: Driveway, Off Street, On Street
Parking Notes: Driveway, Off Street, On Street
Patio/Porch: Screened
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Lock Box Electronic-CBS Code Required, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,371.64 per month $879.10 Principal & Interest $377.33 Property Tax $115.21 Homeowner's InsuranceChange Payment Information
4411 1st Avenue N | MLS# TB8499386
This multi-family property located at 4411 1st Avenue N, Saint Petersburg, FL 33713 is currently listed for sale with an asking price of $395,000. Search Saint Petersburg real estate on www.realtymark.net today.